S. 3968

119 S3968 IS: Housing for America’s Middle Class Act of 2026
 U.S. Senate
 2026-03-03
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 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II
 119th CONGRESS  2d Session
 S. 3968
 IN THE SENATE OF THE UNITED STATES
 March 3, 2026
  Mr. Ricketts  introduced the following bill; which was read twice and referred to the  Committee on Banking, Housing, and Urban Affairs
 A BILL
To require the Government Accountability Office to study and recommend a definition for workforce housing.
1.
Short title
This Act may be cited as the   Housing for America’s Middle Class Act of 2026  .
2.
GAO study on workforce housing
(a)
In general
Not later than 1 year after the date of the enactment of this Act, the Comptroller General of the United States shall conduct a study and submit to the Congress a report that—
(1)
identifies obstacles middle-income households face when looking to secure affordable housing;
(2)
identifies geographic areas where housing is the most unaffordable and unavailable for middle-income households;
(3)
includes a list of Federal housing programs, including Federal tax credits, grants, and loan programs, that are not available to middle-income households due to their income status, including Federal housing programs designed to promote affordability;
(4)
recommends income and other parameters to establish a clear and consistent Federal definition for the term  workforce housing  for use when describing the segment of housing that could be made available to such middle-income households in Federal housing programs if funding commensurate with the additional eligibility were to be made available; and
(5)
analyzes how to modify or newly develop new Federal housing programs and incentives to include  workforce housing  if funding commensurate with the additional eligibility were to be made available.
(b)
Middle-Income household defined
In this section, the term  middle-income household  means a household with an income above 80 percent but that does not exceed 120 percent of the median family income of the area, as determined by the Secretary with adjustments for smaller and larger families.